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The Brandon Sun: Economist shares mixed impact of lower Inflation

September 23, 2024 — 

As Canada’s inflation rate drops to its lowest level since February 2021, the effect on rural communities remains uncertain, economist Rosa Sanchez said.

Canada’s annual inflation rate fell from 2.5 per cent in July to reach the lowest level since February 2021. In Manitoba, inflation dropped to 1.3 per cent in August from 1.8 per cent in July, one of the lowest rates in the country.

Statistics Canada’s consumer price index report for Tuesday said the slowdown can be attributed in part to lower gasoline prices.

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